CA Foundation doubt
When the industry is dominated by one large firm which is considered as the leaderbof the group ,the market is described as
Asked by Rachana12 May 2025739 views
4 answers
Harshita · 12 May 2025
The correct answer is: (c) Partial oligopoly Explanation: In a Partial Oligopoly, one dominant firm acts as a price leader and others follow its lead — like the alpha wolf in the pack. The other firms are smaller and adjust their prices based on the leader’s decisions.
Rachana · 12 May 2025
Reason
Sahil · 12 May 2025
Partial oligopoly
Saad · 12 May 2025
Partial Oligopoly
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